Short sale

Short sale help

What Is A Short Sale?

A “Short Sale” or “negotiated settlement” or “short pay” occurs when a Lender agrees to accept less than the amount owed to payoff a loan as an alternative to foreclosure. If the property is worth less than the amount owed on the loan, then even if the Lender forecloses and takes back the property, they know they are going to take a loss. We can often convince a Lender that they will “do better” if they take less than what is owed now rather than taking the property back by foreclosure and trying to sell it later.  Continue reading “Short sale help” »

Read More
Property on Koh Samui

Property on Koh Samui: buyers guide

Buying property on Koh Samui can be a rewarding investment option, your money will not go as far as it might do elsewhere in Thailand, but compared with Western markets there are still plenty of bargains to be had. The choice is surprisingly diverse with everything from high-end super villas down to basic bungalows on offer, either as a long lease or to buy outright. Views, space and local amenities are all aspects to consider before making a purchase. Continue reading “Property on Koh Samui: buyers guide” »

Read More